Global technology investment firm Partech led the round, with participation from Algebra Ventures and Silicon Badia.

The new financing brings Synapse Analytics’ total funding since its launch to $17 million. The company did not disclose its valuation or other transaction terms.

Synapse Analytics plans to use the capital to expand its team, accelerate product development, and strengthen its international market presence.

The company already works with banks, fintech companies, non-bank financial institutions, and telecommunications providers across Africa, the Middle East, and Latin America.

Founded in 2018 by Ahmed Abaza and Galal Elbeshbishy, Synapse Analytics develops technology that allows financial institutions to manage credit and risk decisions using their own policies and data.

The company is headquartered in Abu Dhabi and maintains operations connected to its Egyptian founding base.

Its platform brings customer onboarding, credit scoring, fraud detection, anti-money laundering checks, collections, customer segmentation, and customer value management into one system.

Credit and risk teams can build, test, revise, and deploy policies while reviewing how proposed changes would have performed against historical data.

The platform can operate on a financial institution’s premises, in a private or sovereign cloud, or in an air-gapped environment.

This structure allows institutions to use AI in lending and risk management while keeping sensitive customer data, internal policies, and decision records within their controlled technology environments.

Synapse Analytics says it has served more than 50 clients, processed over 10 million applications, and supported more than $200 million in lending.

The company also reports that its technology has helped some clients reduce non-performing loans by as much as 40%, although results may differ across institutions and markets.

For African banks and lenders, the investment addresses a practical challenge created by the expansion of digital financial services.

Institutions are processing larger volumes of credit applications and customer data, increasing demand for technology that can accelerate decisions without weakening fraud controls, regulatory compliance, or data governance.

The platform could also support lenders seeking to serve customers and small businesses with limited traditional credit records.

Combining alternative data with configurable risk policies can help institutions assess more applicants while maintaining control over their underwriting standards and portfolio exposure.

Lewam Kefela, principal at Partech, said, “Ahmed, Galal and their team have the technical depth and execution to scale it, and we look forward to supporting their next phase of growth.”

The Series A gives Synapse Analytics additional capital to compete in the growing market for financial infrastructure that combines automation with institutional control.

Its expansion will test whether an Africa-founded technology company can build decisioning systems that meet the regulatory and operational requirements of financial institutions across multiple regions.